Via the Android Blogging Network, I learned that HTC released new firmware for the Android Dev Phone 1 with the long-awaited "Cupcake" (1.5) version of the Android operating system.
The installation isn't too tricky, but you should read it once through before you try it. It's a great improvement; the video above, taken from a real device, shows me trying out some of its features:
- Searching Google with the soft keyboard
- Trying out one of the new Widgets
- Switching orientation by rotating the phone

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Nice, Brian. How did you do the screencast on the device?
Thanks, Peter! I used Mark Murphy's DroidEx, which is a cool hack that uses the DDMS jar to capture video instead of just screenshots. I wrote it up for Make: Online here:
Capturing video from Android phones